The Gambia wins World Bank aid to reform the energy sector

SMART ENERGY INTERNATIONAL | The World Bank has approved a $30 million grant to help The Gambia to improve financial viability and service delivery in the energy and telecom sectors.

The grant will be leveraged to improve debt and public investment management as well as enhance the transparency and governance framework of State-Owned Enterprises.

The Gambia will ensure public investment projects are appraised as per National Development Plan priorities. The aim is to support the adoption of a new procurement bill to eliminate the use of single-source procurement as well as to tighten the emergency clause for its use.

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